Tortoise Energy Infrastructure Corporation (TYG) vs. Its Rivals Financial Analysis

Tortoise Energy Infrastructure Corporation (NYSE: TYG) is one of 558 publicly-traded companies in the “Closed End Funds” industry, but how does it compare to its rivals? We will compare Tortoise Energy Infrastructure Corporation to related companies based on the strength of its dividends, profitability, risk, valuation, institutional ownership, earnings and analyst recommendations.

Risk and Volatility

Tortoise Energy Infrastructure Corporation has a beta of 1.28, suggesting that its stock price is 28% more volatile than the S&P 500. Comparatively, Tortoise Energy Infrastructure Corporation’s rivals have a beta of 0.56, suggesting that their average stock price is 44% less volatile than the S&P 500.

Profitability

This table compares Tortoise Energy Infrastructure Corporation and its rivals’ net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Tortoise Energy Infrastructure Corporation N/A N/A N/A
Tortoise Energy Infrastructure Corporation Competitors -35.24% 6.99% 5.45%

Dividends

Tortoise Energy Infrastructure Corporation pays an annual dividend of $2.62 per share and has a dividend yield of 9.9%. As a group, “Closed End Funds” companies pay a dividend yield of 8.7% and pay out 94.0% of their earnings in the form of a dividend.

Institutional and Insider Ownership

30.5% of Tortoise Energy Infrastructure Corporation shares are held by institutional investors. Comparatively, 23.8% of shares of all “Closed End Funds” companies are held by institutional investors. 0.3% of Tortoise Energy Infrastructure Corporation shares are held by company insiders. Comparatively, 5.1% of shares of all “Closed End Funds” companies are held by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company is poised for long-term growth.

Valuation & Earnings

This table compares Tortoise Energy Infrastructure Corporation and its rivals top-line revenue, earnings per share (EPS) and valuation.

Gross Revenue NetIncome Price/Earnings Ratio
Tortoise Energy Infrastructure Corporation N/A N/A N/A
Tortoise Energy Infrastructure Corporation Competitors $238.79 million $43.51 million 238.14

Tortoise Energy Infrastructure Corporation’s rivals have higher revenue and earnings than Tortoise Energy Infrastructure Corporation.

Analyst Recommendations

This is a summary of current recommendations for Tortoise Energy Infrastructure Corporation and its rivals, as provided by MarketBeat.com.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Tortoise Energy Infrastructure Corporation 0 0 1 0 3.00
Tortoise Energy Infrastructure Corporation Competitors 232 1561 1912 31 2.47

Tortoise Energy Infrastructure Corporation presently has a consensus price target of $34.00, indicating a potential upside of 28.35%. As a group, “Closed End Funds” companies have a potential upside of 55.09%. Given Tortoise Energy Infrastructure Corporation’s rivals higher probable upside, analysts plainly believe Tortoise Energy Infrastructure Corporation has less favorable growth aspects than its rivals.

Summary

Tortoise Energy Infrastructure Corporation beats its rivals on 7 of the 13 factors compared.

About Tortoise Energy Infrastructure Corporation

Tortoise Energy Infrastructure Corporation (the Fund) is a non-diversified, closed-end management investment company. The Fund seeks a high level of total return with a focus on current distributions paid to stockholders. The Fund invests primarily in equity securities of master limited partnerships (MLPs) and their affiliates that transport, gather, process or store natural gas, natural gas liquids (NGLs), crude oil and refined petroleum products. Under normal circumstances, the Fund invests at least 90% of its total assets (including assets obtained through leverage) in securities of energy infrastructure companies and at least 70% of its total assets in equity securities of MLPs. The Fund may invest up to 30% of its total assets in restricted securities, primarily through direct placements. The Fund may invest up to 25% of its total assets in debt securities, including those rated below investment grade. Tortoise Capital Advisors, L.L.C. is the investment advisor of the Fund.

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